Well with the AMD claims of upto 1.7 the performance of the last gen people were expecting the raster performance to be close to the 4090 in a lot more titles and it is only a couple of outliers where it is close. For the main part the 4090 crushes the 7900xtx and it can barely match the 4080 which has far superior extra features and far superior RT.
I am a potential buyer for a 7900xtx and the question I am asking myself is do i want to deal with the bugs in this new architecture such as the idle power draw etc. I am not going to buy a 4080/4090 because of the PCB shape and power cable but for AMD to get me to upgrade it has to be a good product, RDNA2 was an excellent product and I am happy with my 6800 so why upgrade and potentially get issues.
I guess I just took their marketing figures with a pinch of salt so have found myself feeling pretty neutral about todays reveal.
I always expected performance around a 4080 with worse Ray tracing and that seems to be what's here.
Still see no real reason for me to upgrade my 3060ti just yet. I know people can afford spending over a grand on a gpu but I'm struggling to find a justification myself.